Mortgage Interest Rates spiked, mainly because of the evident consumer confidence in the market. Home sales will increase and listing times will decrease, if you list to sell! A 1.000% INCREASE in rates to the average buyer is relative to a $50,000 decrease in buying power. Sitting on the fence will only decrease your potential to get the best of both, great rates and a low sales price. This goes for sellers too, if you wait to price accordingly you will always be in 2nd/3rd/4th place…sell now to win on your next home! Sell now to ride the buyers wave of cheep money!